Success Stories
Archives: Disaster | Economic Development Districts | Economic Development Integration | Infrastructure | Innovation and Entrepreneurship | Manufacturing | Small Business Development/RLF | Workforce Development
EDA and GCA Partner to Upskill Guam’s WorkforceIn 2006, when the U.S. Marine Corps made plans to expand its footprint on Guam, one logistical challenge became immediately apparent: the project would require nearly three times more construction workers than were available in the Territory. For leaders in Guam’s construction industry, however, the dilemma was nothing new. February 8, 2022 |
 |
University of Wyoming Business Incubator Program Expanding StatewideThe landscape and opportunities for entrepreneurs in Wyoming are growing. IMPACT 307, a business incubator program at the University of Wyoming, is now expanding statewide. The program has helped create and launch more than 200 Wyoming businesses, with the majority of those coming in the past three years of running community startup challenges. It helps connect clients to the resources and support needed to launch their business. February 1, 2022 |
 |
From Steam to Silicon: San Francisco’s Pier 70 Welcomes a New Generation of Business with EDA SupportThe maritime history of the western U.S. was written at San Francisco’s Pier 70. From the California Gold Rush to Y2K, the most important ships to ply the Pacific were laid down at Pier 70’s shipyards, one of the best-preserved 19th century industrial complexes west of the Mississippi. Despite its historic importance to American seafaring, however, Pier 70 was unable to escape the decline of San Francisco’s shipbuilding industry. By the early 2000s, almost all of Pier 70’s industrial tenants had exited the site. January 13, 2022 |
 |
With EDA Support, Florida Gateway College Helps New Truck Drivers Hit the RoadWhen the pandemic first began, Americans had a renewed appreciation for the trucking industry, bringing supplies and groceries to shelves across the country. Two years later, the need for qualified, commercial truck drivers has only increased, as America faces global supply chain issues. With support from the Economic Development Administration, one grantee is helping to fill that void. January 4, 2022 |
 |
Venture Capital Fund Focuses on Boosting Businesses in Rural ColoradoWith a focus on rural communities, a venture fund in western Colorado is helping to create new opportunities for entrepreneurs and businesses. The Greater Colorado Venture Fund (GCVF) started in 2018 and focuses on supporting early-stage startups. December 15, 2021 |
 |
Assistant Secretary Alejandra Castillo Travels to Puerto Rico to Visit EDA Investments Sites Critical to Disaster Recovery and Preparedness>In 2017, Puerto Rico was devastated by back-to-back storms that resulted in Category 5-level destruction. More than 3,000 people lost their lives in Hurricanes Irma and Maria and the entire population was left without power. November 30, 2021 |
 |
EDA Investment Helps Former Logging Town “Branch Out”Nestled in the densely forested Okanogan highlands of Eastern Washington, Deer Park’s fortunes were built on logging. But when the town’s last sawmill shut its doors, the community lost its long-time base industry and suddenly found itself with a need to economically “branch out.” November 23, 2021 |
 |
New Mexico Project to Create One Stop Shop for Native American EntrepreneursA project in New Mexico is aiming to fill a gap in support for Native American artisans and entrepreneurs. The Indian Pueblo Cultural Center (IPCC) in Albuquerque, New Mexico, showcases the accomplishments and history of the Pueblo people of New Mexico. It includes a museum highlighting cultural arts, educational opportunities, and space for daily artisans and dances. November 16, 2021 |
 |
After Devastating Fire, EDA Partners with Yup’ik Fishermen to Rebuild Salmon Roe Processing PlantFishing has been the economic lifeblood of the Yup’ik people of western Alaska since time immemorial. After a catastrophic fire ripped through the Kwik'pak Fisheries salmon roe processing plant in Emmonak in March 2016, six Alaskan Native Villages along the Lower Yukon River found their economies in sudden peril. Kwik'pak Fisheries, an enterprise of the Native-owned Yukon Delta Fisheries Development Association, operates the only salmon processing plant in this section of Alaska’s vast, Unorganized Borough. November 8, 2021 |
 |
EDA Incubates Innovation and Entrepreneurship in St. Petersburg, FloridaThe name St. Petersburg conjures up visions of warm, sandy beaches, a variety of theme parks, and two-time Super Bowl champions, the Tampa Bay Buccaneers. Like many cities today however, St. Petersburg is looking to redefine itself, with an eye on technology and the innovation that drives it. November 2, 2021 |
 |